The Victoria’s Secret Fantasy Treasure Bra may cost a pretty penny, but Miranda Kerr made it look oh-so-pretty Wednesday night during the Victoria’s Secret Fashion Show in New York. The model walked the runway wearing the $2.5 million diamond-studded bra by London Jewelers — plus an elaborate shell costume — and drew effusive cheers from husband Orlando Bloom, who sat front-row during the show.

The hour-long presentation had a lot of million-dollar moments: after performing his hit “Stronger” and dedicating it to his “superangel,” late mom Donda, Kanye West was joined onstage by pal Jay-Z for a duet from their Watch the Throne album. (West was supposed to perform at the show in 2007, but canceled after his mother’s untimely death.) As the guys got down, a glowing Beyoncé was rushed to the front row, dancing along and mouthing the words while proudly watching her hubby.

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Next came Maroon 5, who performed their hit “Moves Like Jagger” as the models sashayed down the glimmering silver catwalk. Frontman Adam Levine broke away from his bandmates when girlfriend Anne V. hit the runway, and walked her toward the cameras before planting a quick kiss on her cheek.

Nicki Minaj helped close the show, treating the audience to her “Super Bass” as models like 19-year-old Karlie Kloss hit the stage in disco-inspired PINK lingerie. As the music wound down, a bevy of balloons fell from the ceiling, putting a colorful end to a pretty wild night. The Victoria’s Secret Fashion Show airs Tues., Nov. 29 at 10 p.m. ET on CBS.